Foreign Investors Demand Interbank Rate from CBN
Modupe Gbadeyanka By Modupe Gbadeyanka Central Bank of Nigeria (CBN) has been advised by foreign investors to adopt interbank rate…
July 2017
Naira Soars at Black Market
By Modupe Gbadeyanka The first trading day of the week was positive for the local currency at the…
Agusto & Co Raises Access Bank Rating to Aa-
By Modupe Gbadeyanka Notable Nigerian rating firm, Agusto & Co, has upgraded the rating of a leading financial…
Flour Mills Profit Declines to N8.8b, Declares N1 Dividend
By Modupe Gbadeyanka One of the major flour milling companies in Nigeria, Flour Mills of Nigeria Plc, has…
European Stocks Rebound from 2-Month Low
By Investors Hub European stocks are rebounding from a two-month low as a continued increase in oil prices…
Berger Paints Workers Call Off Strike
By Modupe Gbadeyanka Workers of Berger Paints Plc in Lagos have put an end to their industrial action,…
Futures Pointing to Initial Strength on Wall Street
By Investors Hub The major US index futures are pointing to a higher opening on Monday following the…
Total, Mobil, 27 Others Plunge Stock Market to N120b Loss
By Modupe Gbadeyanka Trading activities resumed on Monday on the floor of the Nigerian Stock Exchange (NSE), but…
Discordant Tunes over Union Bank N50b Rights Issue
By Daily Times A new report by Daily Times Nigeria has revealed that failure by Union Bank of…
Seplat Extends Payment of $150m Credit Facility
By Modupe Gbadeyanka Leading Nigerian oil and gas firm listed on both the Nigeria Stock Exchange (NSE) and…